A short term loan enables you to borrow the money you need and choose repayments over 3 – 6 months. This can be a more convenient way to borrow if you cannot afford to repay in full on your next salary date, common with payday loans, allowing you to choose affordable, monthly repayments. This is also an alternative to personal loans where you want to borrow a smaller amount of money and repay over a shorter period than 12 months, ideal for emergencies and short-term financial issues.

If you are 23-65, receiving a regular income of £1,250 per month or more you are likely to meet the basic criteria from our trusted lenders. You will need a bank account with a valid debit card, be a UK resident and the lender must be able to prove your identity.

The specific amount you can borrow depends on your personal situation and may vary from lender to lender. However, loans typically range from £300 to £600. So, whether you need a smaller amount or a larger sum, there are options available to suit your needs. This is dependent on passing credit and affordability checks first with our trusted lenders. You can use the sliders in our loan calculator to see how the repayments are affected by the different loan terms, helping you choose the right loan for you.

We understand that there are situations where you require immediate access to funds. Although the exact terms may vary among lenders, many provide same-day loans, ensuring a quick disbursement of cash once your application is approved.

Yes, our trusted lenders will use Credit Reference Agencies and Fraud Prevention Agencies during the underwriting* process alongside an affordability check. The aim of this is to ensure they lend responsibly and are not offering credit to customers who are unable to repay. However, if you do have ‘bad credit’, they may still be able to help you if the loan is affordable for you. *What is an underwriter? In simple terms, an underwriter is someone who evaluates the risks involved in lending money. Think of them as a person who assesses the likelihood of someone being able to pay back a loan. When you apply for a loan, the underwriter carefully examines your financial situation, credit history, and other relevant factors to decide whether you qualify for the loan. They consider various factors to make an informed decision and ensure that the lender is protected from potential losses. Essentially, the underwriter plays a crucial role in analysing and assessing the risks associated with lending, helping the lenders make informed decisions and protect themselves from financial risks

Using one of our trusted lenders, you'll find all the information required to set up your flexible repayment options!

Before applying for any form of credit, it is crucial to ensure that you can comfortably repay the loan on the agreed-upon date. If your circumstances change and you anticipate difficulties in repaying the loan, it is important to immediately communicate with the lender, enabling them to discuss potential assistance options. If you are facing financial challenges and have accumulated debts, we strongly advise against obtaining additional loans from any credit providers. Instead, we recommend seeking help and discussing your situation with a trusted source. Free advice and support are available from various organisations such as Step Change Debt Charity, Citizens Advice Bureau, and The National Debt Helpline

Continuous Payment Authority (sometimes known as Recurring Payments) is the method in which your loan provider collect repayments. Some lenders use Continuous Payment Authority (CPA) to collect payments. This means that you give the lender permission to withdraw funds from your bank account. They may also make several attempts to withdraw the money if it's not available. If you want to cancel your CPA, you can do this by contacting the lender or by getting in touch with your bank and requesting the cancellation.

We strongly advise against doing so. Lenders typically require you to repay your current loan before approving a new one. It is important to borrow only what you can comfortably repay on your next pay date to avoid additional interest, charges, and potential harm to your credit score.